The global consumer industry experienced a 64% drop in company filings mentions of easy & affordable in Q2 2024 compared with the previous quarter, with the highest share accounted for by Hindustan Unilever with 8% year-on-year decrease, according to GlobalData’s analysis of over 109 consumer company filings. GlobalData’s Consumer: Filings Trends & Signals Q2 2024 report delves into earnings call transcripts and quarterly reports within the consumer industry, extracting trends, signals, and comparative data to help businesses assess their performance, identify competitive intelligence, evaluate risks, and gain a comprehensive understanding of key industry events. Buy the report here.
Notably, easy & affordable was one of the most frequently referenced themes in Q2 2024, ranking highest in terms of mentions, ahead of online payments and cyber insurance, according to GlobalData.
Of the top leading companies in the consumer industry, Hindustan Unilever had the greatest increase in references for easy & affordable in Q2 2024, compared with the previous quarter. GlobalData identified 11 easy & affordable-related sentences in the company's filings - 0.2% of all sentences - and a decrease of 8% in Q2 2024 compared with Q2 2023. Campbell Soup’s mentions of easy & affordable rose by 250% to 7 and Arca Continental’s by 300% to 4 and Coca-Cola’s by 75% to 4 and Nestle’s by 25% to 3.
GlobalData’s Company Filings Analytics also applies sentiment weight to reference sentences, based on whether the sentences are positive, negative, or neutral. Starting at 100 in 2020, an index over 100 is more positive. The overall index for easy & affordable in Q2 2024 was 103.
For further understanding of GlobalData's Consumer: Filings Trends & Signals Q2 2024, buy the report here.
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